Bill, I'm not feeling good about the future. When the semi
was tanked or in subdued mode, TXN/INTC had PE of 6-10. (2 yrs? ago)
Sure, the long term guys said you still come out way ahead. That
is so true. But believe me, it was no fun to see the TXN drop from
$80 to $40+. INTC wasn't in that much shape either.
If the world economy does not perk up soon, or devaluated to stagnant,
then it's !@#$% again. Hope not.
But with so much negatives on INTC, maybe it's about to bottom out.
It may be coincidential, when Fortune, business-week run some article
on how great things are for a company, it's usually the end of it.
Maybe they only report 'fact' and by the time they gather the facts,
the market already advance to another stage.
I hope intel won't tell a bad future (reality). Sooner or later, it
will hit all tech. |
